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Evening Standard
Evening Standard
National
Callum Parke

Thames Water to discover if restructuring plan has been approved on Tuesday

Thames Water will discover whether a High Court judge has approved plans to restructure the struggling utility on Tuesday.

Thames Water Utilities Holdings Limited (TWUH), the parent company of Thames Water Group (TWG), England’s largest water company, is set to run out of money by late March and risks entering special administration if a judge does not approve the scheme, known as the company plan, to inject up to £3 billion to keep it afloat.

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